Cabot Wealth Management Inc. Makes New $34.10 Million Investment in Schwab Fundamental International Equity ETF $FNDF

Cabot Wealth Management Inc. purchased a new position in shares of Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 634,518 shares of the company’s stock, valued at approximately $34,105,000. Schwab Fundamental International Equity ETF accounts for 3.2% of Cabot Wealth Management Inc.’s holdings, making the stock its 4th largest position. Cabot Wealth Management Inc. owned about 0.13% of Schwab Fundamental International Equity ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of FNDF. Bank of America Corp DE lifted its stake in Schwab Fundamental International Equity ETF by 2.8% during the 1st quarter. Bank of America Corp DE now owns 8,329,856 shares of the company’s stock worth $407,580,000 after acquiring an additional 229,730 shares in the last quarter. Cetera Investment Advisers grew its position in Schwab Fundamental International Equity ETF by 3.7% in the 1st quarter. Cetera Investment Advisers now owns 1,643,572 shares of the company’s stock valued at $80,420,000 after acquiring an additional 58,995 shares in the last quarter. StoneX Group Inc. acquired a new position in Schwab Fundamental International Equity ETF in the 3rd quarter valued at about $76,950,000. Alps Advisors Inc. purchased a new stake in Schwab Fundamental International Equity ETF during the third quarter worth about $70,933,000. Finally, Strata Wealth Advisors LLC increased its stake in Schwab Fundamental International Equity ETF by 1.4% during the third quarter. Strata Wealth Advisors LLC now owns 1,170,858 shares of the company’s stock worth $62,934,000 after purchasing an additional 15,724 shares during the period.

Schwab Fundamental International Equity ETF Stock Performance

Shares of FNDF opened at $53.88 on Thursday. The stock has a market capitalization of $25.81 billion, a PE ratio of 13.27 and a beta of 0.74. Schwab Fundamental International Equity ETF has a 1 year low of $42.96 and a 1 year high of $56.47. The company’s 50-day simple moving average is $54.33 and its 200-day simple moving average is $52.70.

Schwab Fundamental International Equity ETF Profile

The Schwab Fundamental International Large Company Index ETF (FNDF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large firms from developed markets ex-US. The fund selects and weights using fundamental factors. FNDF was launched on Aug 15, 2013 and is managed by Charles Schwab.